RMI – Technical Explainer: Orphaned Oil and Gas Well Carbon Credits
- Last Updated on April 1, 2026
Executive Summary Since 2023, the voluntary carbon market (VCM) has emerged as a growing financing tool for projects that plug orphaned oil and gas wells. These projects can be highly additional, with clear benefits to nearby communities and ecosystems, and they address an urgent and sizeable climate solution: limiting methane emissions from abandoned wells that
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